NOT LISTED FOR SALE

Estimated Value: $1,347,000 - $1,732,000

5 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 16, 2013

Last sale price $725,000

Est. 112% increase in value since last sale

Current estimated payment $9,217/month

214 Days on Market

About This Home

As of August 2013

HUGE PRICE REDUCTION! Seller Motivated! Very spacious well constructed building. Three 3 bdrm 2 bath and one 2 bdrm 2.5 bath (both bedrooms full suites). All units with individual attached garages. Possible condo conversion project. No tenant turnover in past three years (units are definitely under-rented). Good commuter location. Strong rental market.

Last Agent to Sell the Property

Daniel Corcoran

Corcoran Group of California Inc. License #00451125 Listed on: 11/29/2012

Corcoran Group of California Inc.

Last Buyer's Agent

Daniel Corcoran

Corcoran Group of California Inc. License #00451125 Listed on: 11/29/2012

Corcoran Group of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,914

Year Built

  • Built in 1992

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 117162015

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gardener Expense $150
  • Insurance Expense $106
  • Maintenance Expense $150
  • Trash Expense $69
  • Water Sewer Expense $328
  • New Taxes Expense $730
  • Gross Income $4,625
  • Net Operating Income $36,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,914

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 328.00
  • Property Type: Residential Income
  • Gardener Expense: 150.00
  • Parcel Number: 117162015
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 69.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 4625.00
  • Gross Scheduled Income: 55500.00
  • Insurance Expense: 106.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 150.00
  • Maintenance Percent: 3.25
  • Net Operating Income: 36610.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 18390.00
  • Operating Expense Percent: 33.14
  • Rent Control: No

Tax Info

  • New Taxes Expense: 730.00
  • Tax Lot: 1
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Do Anthony and Ho Vanessa
Bought by
Sohail I Simjee Trust and Simjee
Current Estimated Value
$1,536,135

Purchase Details

Listed on
Nov 29, 2012
Closed on
Aug 2, 2013
Sold by
Faec Holdings 417673 Llc
Bought by
Do Anthony and Ho Vanessa
Seller's Agent
Daniel Corcoran
Corcoran Group of California Inc.
Buyer's Agent
Daniel Corcoran
Corcoran Group of California Inc.
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$528,750
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jun 28, 2013
Sold by
Munoz Frances
Bought by
Faec Holdings 417673 Llc
Seller's Agent
Daniel Corcoran
Corcoran Group of California Inc.
Buyer's Agent
Daniel Corcoran
Corcoran Group of California Inc.
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
4.28%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sohail I Simjee Trust $1,175,000 Ticor Title
Do Anthony $705,000 First American Title
Faec Holdings 417673 Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Do Anthony $528,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $725,000 -9.3% --
07/01/2013 07/01/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $799,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,914 $1,271,857 $140,716 $1,131,141
2023 $13,914 $1,222,470 $135,252 $1,087,218
2022 $13,473 $1,198,500 $132,600 $1,065,900
2021 $8,921 $798,409 $79,270 $719,139
2020 $8,822 $790,224 $78,458 $711,766
2019 $8,617 $774,730 $76,920 $697,810
2018 $8,421 $759,540 $75,412 $684,128
2017 $8,213 $744,648 $73,934 $670,714
2016 $8,132 $730,048 $72,485 $657,563
2015 $7,953 $719,085 $71,398 $647,687
2014 $7,660 $705,000 $70,000 $635,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV12145558

California Regional Multiple Listing Service (CRMLS)

APN: 117-162-015